The share price of LAOPU GOLD (06181.HK) -26.000 (-3.571%) Short selling $51.83M; Ratio 7.900% have leapfrogged 65% since Goldman Sachs began coverage on the stock, driven by 2025E upward earnings revision and re-rating, with the forecast PE rising to 20x from 15x on the back of increasing visibility from SSS beat and gold price uptrend. Based on the strong brand momentum, the broker raised its net profit forecast for the company from 2024 to 2026 by 11%-26%, reflecting better SSS outlook and operating leverage. The target price was lifted markedly from $205 to $345, with a forecast PE ratio of 26x, which corresponds to the 38% CAGR of net profit from 2024 to 2026. The broker reiterated the rating at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-25 16:25.)Related NewsJPM Envisions Gold Prices to Top US$4K/ Ounce in 2Q26, Calls Gold Best Hedge Against Stagflation/ Recession/ Currency Debasement